Journal Club 4-09-21 | Passive income MD


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    It’s Journal Club 4/09/21! I hold one every week JOURNAL CLUB. After filtering through the articles on the web, I present some that have influenced my life this week. Be safe and stay healthy!

    • It’s great to talk about financial freedom and the lifestyle it represents, but for some people out there, the things that make the most sense are cold, hard numbers. If you like that, then Physician on Fire has a post This is just the thing for you. It covers what the two authors call the “1% rule” and how it applies to spending. Well worth the read.
    • Speaking of expenses, if you’ve ever had to save to buy a home or pay off a large amount of debt, you’ve known the feeling of intense frugality. There’s nothing wrong with that, but interestingly, the feeling of frugality often lingers long in financial freedom. In this postThe doctor-philosopher breaks down why this is and why it is a good and a bad thing.
    • Investors buy rental properties for many different reasons, but one of the most important is of course the additional income. However, according to Semi-Retired MD, many people buy these properties with a slight misdirection. In this postHe sums up why cash flow is the number one reason to choose a property – and why cash really is king.
    • Have you ever thought about how much your day job is worth to you? Seems like an odd question to be sure. In this post The author of Smart Money MD asks exactly this question and at the same time raises another thought: How much income would your day job have to provide for you? Not looking for additional sources of income? That’s it for this week! Hope Journal Club 4/9/21 has been helpful to you.Finally, a little motivation. Have fun and a nice weekend!

    Journal Club 6/26/20 Investor Club

    Previous articleReal estate investors share their findings about 2021


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